Congressional Digest

Congressional Digest February 2009 No. 2 Vol. 88
Honorable Jeb Hensarling

Saving the Big Three

Federal Help for the Car Companies

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Honorable Jeb Hensarling

United States Representative, Texas, Republican

Representative Hensarling, of the Fifth District of Texas, was first elected to the U.S. House of Representatives in 2002. From 1982 to 1984, he was the Texas Director for U.S. Senator Phil Gramm (TX-R). From 1985 to 1989, he was Executive Director of the National Republican Senatorial Committee. He serves on the Budget Committee and the Financial Services Committee. The following is from the December 10, 2008, House floor debate on H.R. 7321, the Auto Industry Financing and Restructuring Act. No one in this chamber wants to see the Big Three automakers [Ford, Chrysler, and General Motors] fail. No one….

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